Stories tagged with: Economy

April 14, 2010 - 4:58pm
4 years 19 weeks ago

American Electric Power is expecting to cut down between five and 10 percent of its staff due to the economic downturn.

It announced today that it is offering employees a voluntary severance package that will provide employees with two weeks pay for every year of service.

AEP spokesperson Melissa McHenry says the economic downturn is going on longer than the company anticipated so it is hoping to cut costs. This reduction will affect one to two thousand positions throughout the...

March 28, 2010 - 3:21pm
4 years 22 weeks ago

1.6 million dollars in Economic Development Administration grants will be divvied up throughout the state and will include one spot here in Southeastern Ohio.

US Commerce Secretary, Gary Locke, says it's meant to help build jobs in the Buckeye State.

Ohio Mid-Eastern Governments Association of Cambridge will see more than 150 thousand dollars coming its way to put an aggressive economic development planning program in place.

February 19, 2010 - 4:41pm
4 years 27 weeks ago

As experts still debate about whether or not the economy is actually out of the recession, local businesses at the Hearth and Home Show have a positive outlook for 2010.

"Actually it's odd, it's gone differently then for most people," said Owner of All Decked Out David Thomas. "It's actually gotten busier. Last year and the year before was a little slow in the winter time. That's how it works in construction. But this year we've just been swamped so far this winter....

November 18, 2009 - 6:12pm
4 years 40 weeks ago

The economy is taking a toll on how we live life day to day, and forces many of us to make financial sacrifices both big and small.

But what about when we die?

"It definitely does pay to have life insurance, pre-planning, simply because there are no benefits publicly, state, and federal to cover funeral costs, " says Snouffer Funeral Home Owner, Josh Snouffer.

Snouffer says that can leave a burden on the family members left behind.

"One of the best way...

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